EQUIS

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The Accreditation Commission of the European Foundation for Management Development (EFMD) awarded the EQUIS accreditation which is valid for three years. Worldwide, only 168 faculties, out of a total of 15,000 business faculties, have received the EQUIS accreditation, which ranks the Faculty of Business Administration among top 1 % of business schools worldwide.

The accreditation process takes two years. The commission assessed the faculty on the basis of information provided in self-report, as well as the subsequent auditing processes which took place within the faculty itself. The commission also verified the findings from in-depth interviews with faculty and university staff, as well as with students, alumni and corporate partners.

The main objective of the EQUIS accreditation is the global increase in quality in the area of management education. EQUIS endeavours to strike a balance between high academic quality on the one hand, and the professional relevance provided by close cooperation with business practice, on the other. Institutions which have received the EQUIS accreditation must demonstrate not only the highest standards in all their activities, but also a high degree of internationalization. Among other factors which are assessed are the control processes of the faculty, as well as the quality of the study programs and the learning processes. The quality of the academic staff, research, executive education, financial management, international reach and the quality of the level of consistency of contacts with the corporate sector are also assessed.